Checks: The Most Dangerous Transaction : well-researched post on how checking account security is non-existent in US banking
(tags: checks cheques banking security fraud danger)Donald Knuth victim to repeated check fraud : US banks have an absurd policy of not authenticating check transactions, and this is now being actively exploited by fraudsters. As a result, Knuth will no longer mail reward checks to people who discover errors in his books :( (via adulau)
(tags: checking checks cheques banking fraud crime donald-knuth computing books security via:adulau)